Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
Mexican Peso/Czech Koruna (FOREX:MXNCZK)
Strong Downtrend (-100) - MXNCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MXNCZK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MXNCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MXNCZK
The long-term trend has been DOWN since Nov 25th, 2021 at 1.0498187
The intermediate-term trend has been DOWN since Nov 25th, 2021 at 1.0525000
The short-term trend has been DOWN since Jan 3rd, 2022 at 1.0643700
Smart Scan Analysis for MXNCZK
Based on our trend formula, MXNCZK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).